{"id":9507,"date":"2011-01-31T09:52:48","date_gmt":"2011-01-31T14:52:48","guid":{"rendered":"http:\/\/www.smbtraining.com\/blog\/?p=9507"},"modified":"2021-05-06T15:03:22","modified_gmt":"2021-05-06T19:03:22","slug":"traders-ask-position-size-of-13","status":"publish","type":"post","link":"https:\/\/www.smbtraining.com\/blog\/traders-ask-position-size-of-13","title":{"rendered":"Traders Ask; Position Size of 1\/3?"},"content":{"rendered":"

Question:
\nI basically swing trade. I always try to put on a position in 1\/3’s. How does that work daytrading? Is there time to do a position that way? I like to have another good entry point to add to a trade. How is that possible in a daytrade. Maybe I just am not used to that fast of a trade. Do you look tic by tic?
\nThanks,
\nG H
\nOregon<\/p><\/blockquote>\n

\n

Bella Responds<\/strong><\/p>\n

I will enter 1\/3 of my usual tier size for a position. \u00a0We trade in lots, generally of 1,000 shares. \u00a0So for purposes of this discussion we will discuss some times I might start a position with 300 shares.<\/p>\n

Some times I might enter for 1\/3 of a position:<\/p>\n

a) IPO<\/p>\n

b) After hours<\/p>\n

c) parabolic stock<\/p>\n

d) large spread<\/p>\n

e) more risk<\/p>\n

f) get a taste for a position that may have a chance<\/p>\n

g) someone else’s idea<\/p>\n

With all of these examples I may start very small seeking information on the tape that I can control my risk. \u00a0Once I have done this I may increase my tier size for these set ups and trade away.<\/p>\n

Hope that helps. \u00a0Good job by you working on your trading game!<\/p>\n

Mike Bellafiore<\/p>\n

Author, One Good Trade <\/a><\/p>\n

\u00a0<\/strong><\/p>\n

\u00a0<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Question: I basically swing trade. I always try to put on a position in 1\/3’s. How does that work daytrading? Is there time to do a position that way? I like to have another good entry point to add to a trade. How is that possible in a daytrade. Maybe I just am not used to that fast of a … Read More<\/a><\/p>\n","protected":false},"author":144,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10,908],"tags":[550,4674,18,64,1193,653,1354,1349],"class_list":["post-9507","post","type-post","status-publish","format-standard","hentry","category-mike-bellafiore-bellas-blogs","category-traders-ask","tag-550","tag-one-good-trade","tag-smb-capital","tag-tier-size","tag-trader-education","tag-trader-training","tag-trading-coach","tag-trading-mentor","no-post-thumbnail"],"yoast_head":"\nTraders Ask; Position Size of 1\/3? | SMB Training<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.smbtraining.com\/blog\/traders-ask-position-size-of-13\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Traders Ask; Position Size of 1\/3? | SMB Training\" \/>\n<meta property=\"og:description\" content=\"Question: I basically swing trade. 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